Trump’s retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates
- Posted on November 20, 2025
- By Bing News
- 3 Views
Trump’s retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates
The Congressional Budget Office is projecting $2.5 trillion of deficit reduction over 11 years, down from its $3.3 trillion projection in August.